CXD 0.00% 0.7¢ cathrx ltd

time to perform mr. hanley, page-3

  1. 7,592 Posts.
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    There is no reason why CXD shouldn't trade near its cash backing minus debt i.e. above 1c.
    it is tightly held by strong hands....they might opt to push it higher...be allowed to raise funds @ 1c & remain listed.
    I feel that is the most probable outcome.....I bought @ 0.004 on that assumption....If not,it will not be such a bad long term investment.
 
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Currently unlisted public company.

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